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Property Spotlight
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Pacific Beach
For Sale
$249,900
1 Beds / 1 Baths
| Unbelievable location only 3 blocks to the beach! This condo has everything you need with granite counter tops, travertine in the bathroom, maple flooring, and cherry cabinets... more >>
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San Diego
For Sale
$1,695,000
3 Beds / 3 Baths
| If you appreciate volume, design and architectural beauty, this home is for you!.. more >>
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Escondido
For Sale
$1,150,000
4 Beds / 6 Baths
| Luxury Defined-elevated and Private Architectural Gem with dark bottom pool with waterfall, swim ledges and separate spa with waterfall and views to Catalina Island, when clear... more >>
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San Diego
For Sale
$499,000
4 Beds / 3 Baths
| This 4br\/3ba is located on a cul-de-sac in the great family community of Mesa Summit.With over 2200 square feet of living space and breathtaking canyon views on a larger lot... more >>
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The home buying process can be enjoyable when you follow these tips! Before you start, there are many laws that protect you from scams, unnecessary expenses, and discrimination in the process of homebuying. Know your rights!
You can save yourself a lot of wheel-spinning during the home buying process if you take a minute to figure out how much mortgage you can afford. Generally, a lender will want the homebuyer's monthly mortgage payment to total no more than 29% of your monthly gross income (that's your monthly income before taxes and other paycheck deductions are taken out.) You also need to consider current loan interest rates. The lower the interest rate, the more expensive the home you'll be able to afford. Follow our tips and use these simple calculators to see how much you can afford in a mortgage payment.
Make your Wish Lst. As a homebuyer focus on the features you want in a home: 2 bedrooms or 3? 1 bath or 2? Garage or no garage? Knowing what you're looking for will help you focus your search. And it will help your real estate broker, too.
One of the first steps in the home buying process is to start searching for a broker. Talk to several and find someone you think you'll be comfortable working closely with. Many of your friends and relatives have probably bought and sold their homes through brokers. Ask them who they used and what their experiences were. You can find out which brokers specialize in the kind of home or the area you want by looking in the Yellow Pages or your local newspaper's classified real estate ads. Or drive through neighborhoods and note the names of brokers on "for sale" signs. When you talk to prospective brokers, ask questions about the areas and types of homes in which you're interested. Do they seem knowledgeable? Most important, is their personal style a good fit with your own?
Many different kinds of mortgages are available to you. Read about them, and make sure you understand the pros and cons of each. Your real estate broker can help you. HUD offers some special homebuying programs. Also, many local governments offer special homebuying programs to help low-income homebuyers. Shop around - you may be surprised at all your options!
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